NON-PETITION UNDERTAKING OF BENEFICIARIES. (a) It is a condition of the Receivables Trust (which by the execution of a Supplement or an Accession Notice by a Beneficiary, such Beneficiary consents and confirms) that each Beneficiary of the Receivables Trust undertakes to the Receivables Trustee for the benefit of itself and as trustee for each other Beneficiary that:
Appears in 3 contracts
Samples: Management Agreement (Barclaycard Funding PLC), Management Agreement (Barclaycard Funding PLC), Management Agreement (Gracechurch Receivables Trustee LTD)
NON-PETITION UNDERTAKING OF BENEFICIARIES. (a) It is a condition of the Receivables Trust (to which by the execution of a Supplement or an Accession Notice by a Beneficiary, such Beneficiary consents and confirms) that each Beneficiary of the Receivables Trust undertakes to the Receivables Trustee for the benefit of itself and as trustee for each other Beneficiary that:
Appears in 2 contracts
Samples: Arran Funding LTD, Arran Funding LTD
